Reaction to next news item? — Well, now that we have seen this news and the reaction. Anyone have a view on what happens if the new home sales comes lower than expected? Futures showing a .5% drop on DJ at the moment. DJ higher or lower than ...

EURUSD

A 30-50 pip bounce on such bad news cannot be called a super strong EUR buy. NY open should decide what today brings

EURUSD

Closed and re-entered — Closed a Short just before news. Seeing as the news has hardly caused a bounce 30-40 odd pips I have a re-entered at 2651. DJ should have a very hard time today. I usually dont have a clue about what the big boys are ...

EURUSD

It wasn't a "flight to euro". Read this thread, even though its cluttered, there is a lot of information which will help and possibly teach. Some of the information may go over head, post the link to the post and ask a question someone may reply.

EURUSD

thanks — Thanks. cudn't figure it out. Should be a wild ride for an hour or so. Tomorrow getting more n more interesting.

EURUSD

WOW — WTF is happening? Some news? It just dropped like a stone.

EURUSD

LOL perception n TF.

EURUSD

Is it? Or was the move up from 1.19 to 1.33 a retracement of the move down from 1.5143 to 1.1875?

EURUSD

Closed — Closed a SHORT at 84.2, Looking for re-entry at 84.70 SL 85.2

USD/JPY Discussion

Awaiting the 4H close to decide how the short term might behave. Expecting EU to go down in the coming hour. No confirmation no chart. Expectation based on general News reaction analysis.

EURUSD

New Shorts — SL hit on some old short's at 1.2650 Entered again at 1.2680

EURUSD

Why?

EURUSD

Good Number: Risk Appetite may increase a tad(altho I doubt it). Euro +ve for a knee jerk reaction. I dont see the USD going down a lot tho. Bad Number: Risk appetite diminishes further, we see a new daily low, although how much lower may very well ...

EURUSD

NIKKEI went into a bear market. Dont you think this is significant enough to burn any bounce?

EURUSD

I will be a very happy long term bear if we close the daily below 1.2645. If we manage to close below 1.2578, I will be very careful(too many fib levels broken in the same day make me a bit nervous). AFK till news. The way I see it, better than ...

EURUSD

2578 — The number to beat now: 2578.(fib extension level from a long ago move)

EURUSD

People are adding to shorts because: Major Trend: Down Hourly: Down 4h: Down Little or no bounce. 2645 was a major number which got broken. Trendline resistance is now at 2643 so the SL is also manageable. Lots of people like to trade higher TF's, ...

EURUSD

Just did a quick check of the weekly: 2645 is a 23.6 fib level if we break it then this week should see atleast 2329. 2329 is incidentally the neck line of a huge H&S pattern on Weekly. Top: 5143. If we break that 1.18xx is the next confirmation ...

EURUSD

Strange PA I wasn't expecting that number to be touched before Asia opened. Or it should have been broken during the initial slip in US session. Will have to stay awake for Asia now.

EURUSD

2645 — Touched the number and no bounce, Asian session might very well provide the move of the day if we slip below it at the open of that session.

EURUSD